AST SpaceMobile Valuation Multiples

AST SpaceMobile Overview

About AST SpaceMobile

AST SpaceMobile Inc is a satellite designer and manufacturer. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.

Founded

2019

HQ

Employees

578

Website

ast-science.com

Sectors

Satellite CommunicationsNetworking HardwareDeepTechSpaceTech

Financials (LTM)

Revenue: $104M

EBITDA: ($190M)

EV

$25B

Valuation Multiples

Multiples.vc

Start free trial

AST SpaceMobile Financials

AST SpaceMobile reported last 12-month revenue of $104M and negative EBITDA of ($190M).

In the same LTM period, AST SpaceMobile generated $55M in gross profit, ($190M) in EBITDA losses, and had net loss of ($349M).

AST SpaceMobile P&L

In the most recent fiscal year, AST SpaceMobile reported revenue of $71M and EBITDA of ($189M).

AST SpaceMobile expects next 12-month revenue of XXX and NTM EBITDA of XXX

AST SpaceMobile Stock Performance

AST SpaceMobile has current market cap of $25B, and enterprise value of $25B.

AST SpaceMobile's stock price is $85.63.

AST SpaceMobile Valuation Multiples

AST SpaceMobile trades at 240.9x EV/Revenue multiple, and (131.3x) EV/EBITDA.

AST SpaceMobile Financial Valuation Multiples

As of April 20, 2026, AST SpaceMobile has market cap of $25B and EV of $25B.

Equity research analysts estimate AST SpaceMobile's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

AST SpaceMobile has a P/E ratio of (71.7x).

AST SpaceMobile Margins & Growth Rates

AST SpaceMobile's revenue in the last 12 month grew by 286%.

AST SpaceMobile's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.6M for the same period.

AST SpaceMobile's rule of 40 is 48% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

AST SpaceMobile's rule of X is 279% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

AST SpaceMobile Public Comps

See public comps and valuation multiples for other Satellite Communications and Networking Hardware comps.

AST SpaceMobile M&A Activity

AST SpaceMobile acquired XXX companies to date.

Last acquisition by AST SpaceMobile was on XXXXXXXX, XXXXX. AST SpaceMobile acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

AST SpaceMobile Investment Activity

AST SpaceMobile invested in XXX companies to date.

AST SpaceMobile made its latest investment on XXXXXXXX, XXXXX. AST SpaceMobile invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).